401k Plan data: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN plan

EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

EDUCATION PLANET, INC. has sponsored the creation of one or more 401k plans.

Company Name: EDUCATION PLANET, INC.

Employer identification number (EIN): 770534809

NAIC Classification: 519100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01 JAMES HURLEY 2022-10-28
002 2021-01-01 JAMES HURLEY 2022-10-28
002 2021-01-01 JAMES HURLEY 2022-10-18
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01
002 2013-01-01 JAMES HURLEY
002 2012-01-01 JAMES HURLEY 2014-01-28
002 2011-01-01 JAMES HURLEY 2012-10-15
002 2010-01-01 JAMES HURLEY 2011-06-16 JAMES HURLEY 2011-06-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2021-01-01	JAMES HURLEY	2022-10-28
002	2021-01-01	JAMES HURLEY	2022-10-28
002	2021-01-01	JAMES HURLEY	2022-10-18
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01
002	2013-01-01	JAMES HURLEY
002	2012-01-01	JAMES HURLEY	2014-01-28
002	2011-01-01	JAMES HURLEY	2012-10-15
002	2010-01-01	JAMES HURLEY	2011-06-16	JAMES HURLEY	2011-06-16

Plan Statistics for EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year 2022-10-28 24
Total number of particpants at end of year 2022-10-28 28
Number of Participants With Account Balances 2022-10-28 28
2014: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 19
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 20
Total of all active and inactive participants 2014-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 39
Number of participants with account balances 2014-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 17
2013: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 30
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 13
Total of all active and inactive participants 2013-01-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 43
Number of participants with account balances 2013-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 5

Measure	Date	Value
2022: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year	2022-10-28	24
Total number of particpants at end of year	2022-10-28	28
Number of Participants With Account Balances	2022-10-28	28
2014: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	19
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	20
Total of all active and inactive participants	2014-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	39
Number of participants with account balances	2014-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	17
2013: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	30
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	13
Total of all active and inactive participants	2013-01-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	43
Number of participants with account balances	2013-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	5

Financial Data on EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year	2022-10-28	0
Total liabilities as of the end of the plan year	2022-10-28	0
Total liabilities as of the beginning of the plan year	2022-10-28	0
Total expenses incurred by plan in this plan year	2022-10-28	2937
Net assets as of the end of the plan year	2022-10-28	3436308
Total assets as of the beginning of the plan year	2022-10-28	2619475
Value of plan covered by a fidelity bond	2022-10-28	240891
Participant contributions to plan in this plan year	2022-10-28	84058
Other expenses paid from plan in this plan year	2022-10-28	0
Other contributions to plan in this plan year	2022-10-28	0
Other income to plan in this plan year	2022-10-28	630529
Plan net income in this plan year	2022-10-28	816833
Net assets as of the end of the plan year	2022-10-28	3436308
Net assets as of the beginning of the plan year	2022-10-28	2619475
Employer contributions to plan in this plan year	2022-10-28	105183
Fees paid to broker by Benefit Provider	2022-10-28	14390
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-28	2937
2014 : EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$235,831
Expenses. Total of all expenses incurred	2014-12-31	$40,119
Benefits paid (including direct rollovers)	2014-12-31	$39,887
Total plan assets at end of year	2014-12-31	$1,176,106
Total plan assets at beginning of year	2014-12-31	$980,394
Value of fidelity bond covering the plan	2014-12-31	$180,000
Total contributions received or receivable from participants	2014-12-31	$121,891
Contributions received from other sources (not participants or employers)	2014-12-31	$3,124
Other income received	2014-12-31	$23,504
Net income (gross income less expenses)	2014-12-31	$195,712
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,176,106
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$980,394
Total contributions received or receivable from employer(s)	2014-12-31	$87,312
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$232
2013 : EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$279,826
Expenses. Total of all expenses incurred	2013-12-31	$2,654
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$980,394
Total plan assets at beginning of year	2013-12-31	$703,222
Value of fidelity bond covering the plan	2013-12-31	$50,000
Total contributions received or receivable from participants	2013-12-31	$85,110
Expenses. Other expenses not covered elsewhere	2013-12-31	$2,654
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$73,931
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$277,172
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$980,394
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$703,222
Total contributions received or receivable from employer(s)	2013-12-31	$120,785
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0

Form 5500 Responses for EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN

2014: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: EDUCATION PLANET, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number	915997-01
Policy instance	1
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number	915997-01
Policy instance	1

Potentially related plans

EDUCATION PLANET, INC. CASH BALANCE PLAN [EIN = 873699483]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	EDUCATION PLANET, INC.
Employer identification number (EIN):	770534809
NAIC Classification:	519100